CONSTELLATION ENERGY GROUP INC 4
4 · CONSTELLATION ENERGY GROUP INC · Filed Mar 14, 2012
Insider Transaction Report
Form 4
BRADY JAMES T
Director
Transactions
- Disposition to Issuer
Common Stock
2012-03-12−7,226→ 0 total - Disposition to Issuer
Phantom Stock
2012-03-12−18,466.02→ 0 total→ Common Stock (18,466.02 underlying)
Footnotes (2)
- [F1]Disposition of common stock pursuant to Agreement and Plan of Merger (the "Merger") between Exelon Corporation ("Exelon"), Bolt Acquisition Corporation, and Constellation Energy Group, Inc. ("Constellation"), whereby each share of Constellation common stock, without par value, converted into the right to receive 0.9300 shares of Exelon common stock, without par value, having a closing market value of $39.81 per share on the effective date of the Merger and a cash payment being made for any fractional shares.
- [F2]Each unit of phantom stock (which is in the form of a deferred stock unit) represents the economic equivalent of one share of Constellation common stock, without par value, and settled in cash upon the termination of the reporting person's service on the Board on the effective date of the Merger in an amount based on the average closing price of a share of Constellation's common stock over the most recent 20 days during which Constellation's common stock was traded on the New York Stock Exchange.